Welcome to a remarkable opportunity just minutes away from Bradley International Airport. This expansive 3. 37-acre parcel sits strategically on the corner of National Drive and Halfway House Road, unparalleled visibility and accessibility. This parcel is zoned BUS-1, allowing for a wide array of uses including retail stores, restaurants, hotels, auto sales, business and professional offices, banquet, conference facilities, and multi-family dwellings. With such versatility, your vision for this space can truly come to life. Additionally, being part of the Bradley Airport Investment Zone presents an enticing opportunity. Newly constructed, renovated, or expanded facilities may qualify for a real property tax abatement based on the assessed value of the improvement to the real property. Imagine the possibilities on this level parcel of land. Whether you envision a thriving retail center, a bustling hotel complex, or a professional office hub, this location is the ideal canvas for your project. Seize this chance to secure a prime piece of commercial real estate in a rapidly growing area. With its proximity to Bradley.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
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Our Executive Mortgage Banker:
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For homebuyers and sellers, our Attorney Network:
$849,925
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $679,940 | $679,940 | $679,940 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,914 | $4,298 | $5,738 |
Total Monthly Payment | $4,006 | $4,390 | $5,830 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.